What is NEFT? and its Limit(if any)
Answers were Sorted based on User's Feedback
Answer / vishnu vardhan
NEFT-National electronic fund transfer
it is used to transfer the money from one account to another account.
the limit is 2,00,000 and it will transferred with in 24 hrs.
in this the transaction slip needs a one authorizer sign.
| Is This Answer Correct ? | 10 Yes | 0 No |
While closing books for the year end, We had Closing stock which is inclusive of VAT(i.e Cost price + VAT), What is the treatment of this Closing Stock in the P&L and BS , is Closing Stock Shown Inclusive of VAT (ie. Cost price +VAT) or, without VAT (ie. Cost Price)
which voucher is created when cash is withdrawn from bank for office use?
what is Profit & Loss Account?
What is the distinction between cost accounting and management accounting?
using examples, examine the relevance of the following as final accouting adjustments; 1.reserves 2.provisions 3.disposal of assets 4.control accounts
Explain fictitious assets?
I cleared IBPS exam Basically I belongs to A.P. but I applied for karnataka will they accept me?
2 Answers Banking, Oriental Bank Of Commerce,
In our company we are making payment through X bank and again we opened a new account in Y bank and we deposited cash in this bank rs.10000.and cash is used from X bank. then what will be the entry & how to adjust with old bank
what comes under real account?
3 Answers CS Engineering, SK Accountant,
what is the process of cenvat credit taken in service tax( in direct & indirect service)
chq. of ICICI received from big jos of rs. 35000/- for credit sale bill no. S/01 andBill no. S/03
how to enter in tally ? its a running company but now start to accounts maintaining we rent paid in advance (valid 1/6/2015 to 31/05/2016